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Note 10 - Segment Information and Revenue by Geography and Products
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

NOTE 10—SEGMENT INFORMATION AND REVENUE BY GEOGRAPY AND PRODUCTS


Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker, or decision-making group, in making decisions how to allocate resources and assess performance. The Company’s chief decision maker, as defined under the FASB’s ASC 280 guidance, is a combination of the Chief Executive Officer and the Executive Vice President and Chief Financial Officer. To date, the Company has viewed its operations, managed its business, and used one measurement of profitability for the one operating segment – the sale of aesthetic medical equipment and services, and distribution of cosmeceutical and dermal filler products, to qualified medical practitioners. In addition, substantially all of the Company’s long-lived assets are located in the U.S.


The following table summarizes revenue by geographic region, which is based on the shipping location of where the product is delivered, and product category (in thousands):


   

Year Ended December 31,

 
   

2014

   

2013

   

2012

 

Revenue mix by geography:

                       

United States

  $ 35,494     $ 31,487     $ 31,949  

Japan

    13,328       14,205       17,826  

Asia, excluding Japan

    11,023       11,263       8,902  

Europe

    7,792       7,358       4,958  

Rest of the world

    10,501       10,281       13,642  

Consolidated total

  $ 78,138     $ 74,594     $ 77,277  

Revenue mix by product category:

                       

Products and upgrades

  $ 53,106     $ 48,374     $ 49,605  

Titan and truSculpt hand piece refills

    3,714       4,267       4,807  

Dermal filler and cosmeceuticals

    3,479       4,264       5,645  

Total product revenue

    60,299       56,905       60,057  

Service

    17,839       17,689       17,220  

Consolidated total

  $ 78,138     $ 74,594     $ 77,277